New building part of 'survival' plan
£20m Grangemouth HQ ‘part of world class manufacturing hub’
The four-tier business HQ is designed by Michael Laird Architects and forms part of the company’s £450m ‘survival’ plan.
Along with the new building, Ineos has begun clearing the site of old unused buildings and decommissioned plants. It hopes to create a world class manufacturing hub.
In a statement the company said that for the first time in many years, the business at Grangemouth will be able to bring its employees together in a way that suits the new operation. It aims to improve productivity and collaboration.
John McNally, chief executive of olefins & polymers at Grangemouth said: “The site is undergoing a radical transformation with significant investment that will herald a new era in petrochemical manufacturing at Grangemouth.
“This is another part of our £450m survival plan being implemented. It shows our ongoing commitment to creating a world class manufacturing site at Grangemouth.
“This represents the most significant investment into UK and Scottish petrochemical manufacturing of recent times and demonstrates INEOS’ commitment to the Grangemouth site, its employees and the local economy.
“We will make parts of our site available to new companies that will benefit from the services and infrastructure that we have to offer here at Grangemouth. We have a clear strategic view of the future, where Grangemouth is a growing centre of excellence, attracting new investment, creating new jobs and providing Scotland with the raw materials that it needs to support its manufacturing sector.”